Dragnet Lien Law and Legal Definition
Dragnet lien is a lien that is enlarged to cover any additional credit extended to the debtor to the same creditor.
The following is an example of a case law which explains a dragnet lien:
A dragnet lien enlarges the size of the creditor's lien by any credit advanced by him/her to the debtor after the original loan was made. [In re Kazmierczak, 24 F.3d 1020 (7th Cir. Wis. 1994)].
